Already since January 1, 2017 there is a law in place in Latvia attracting investors with several advantages to start-up companies. It is unique in Europe and allows to efficiently grow venture capital investors’ money in young Latvian start-ups. The adopted law creates a special tax regime for start-up companies in Latvia and the first…
This blog post was updated on 29 July 2020. Virtual Office services have been popular among foreign entrepreneurs for years. It is required to have a local legal address for your business and using virtual office services gives you access to one as well as other perks. In many cases, it might also be reasonable…
In 2018 several changes take place in Latvian tax system. Like anything new, the changes in the system will take time to get used to and will initially create more work for accountants. In this article, we bring out the most important changes. In quite many changes Latvia actually follows the lead of its neighbor…
The summer months are known as the “low season” in many industries. It is a perfect moment to take some time off, but also to get ready for the next high season.
We established a business in Latvia and here are some reasons why you should consider bringing your business to this market too.
1Office Group opened its new office in Latvia. This marks the firm’s 5th location in the Northern Europe.
From now on Latvian citizens can register their Estonian company online by using their ID cards.
On July 9th this year the ECOFIN Council approved the Latvian participation in the Economic and Monetary Union (EMU) from January 1st 2014. The Bank of Latvia fixed the exchange rate at 0.702804 already in 2005, one lat being equivalent to €1.42. As of January 1st 2014, financial institutions and stock exchanges will convert electronic…